Is Omnicom Group, Inc. (NYSE: OMC) Still On The Rise?

After Hours

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Stocks Info

Omnicom Group, Inc. is listed on the NYSE as a member of the Communication Services sector and is a part of the Advertising Agencies industry. The current market capitalization of Omnicom Group, Inc. is $18.36B. A total of 1.59 million shares were traded on the day, compared to an average of 1.50M shares.

In the most recent transaction, RICE LINDA JOHNSON sold 507 shares of OMC for 86.66 per share on Feb 09 ’24. After the transaction, the Director now owns 9,753 company shares. In a previous transaction on Nov 15 ’23, RICE LINDA JOHNSON sold 587 shares at 78.70 per share. OMC shares that Director owns now total 9,664.

Among the insiders who sold shares, Castellaneta Andrew disposed of 3,300 shares on Nov 02 ’23 at a per-share price of $76.57. This resulted in the SVP, Chief Accounting Officer holding 30,014 shares of OMC after the transaction. In another insider transaction, RICE LINDA JOHNSON sold 467 shares at $80.24 per share on Aug 16 ’23. Company shares held by the Director now total 9,591.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Omnicom Group, Inc. pays an annual dividend of $2.80, resulting in a dividend yield of 3.02%, and it has a price to earnings (P/E) ratio of 13.39. OMC’s most recent ex-dividend date was 3/8/2024 when it declared a $0.70 quarterly dividend that was paid in cash on 5/9/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/21/2023. The OMC stock dividend was $0.70 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, OMC has a high of $99.23 and a low of $72.20.

As of this writing, OMC has an earnings estimate of $1.54 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.63 per share and a lower estimate of $1.47. The company reported an EPS of $1.86 in the last quarter, which was 1.10% higher than expectations of $1.84.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. OMC’s latest balance sheet shows that the firm has $5.32B in Cash & Short Term Investments as of fiscal 2021. There were $6.65B in debt and $16.23B in liabilities at the time. Its Book Value Per Share was $18.26, while its Total Shareholder’s Equity was $4.12B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OMC is Buy with a score of 3.89.

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